KARACHI: The Searle Company Ltd reported a combined net earnings of Rs3.74 bn for 2020-21, up 47pc from the previous year.
In a supply notification on Monday, the pharmaceutical company also introduced Rs2 per share in cash reward besides 30pc perk shares. This implies investors of the business will get 30 shares for every single 100 shares as a bonus.
The business’s leading line increased 28pc to Rs26.2 bn. However, it managed to limit the increase in its distribution costs to 21pc only. The firm’s financing prices expanded virtually 112pc year-on-year to Rs1.4 bn.
Its share rate signed up the maximum increase of 7.5 computer on Monday to close at Rs219.83.
The stock has risen 3pc in the last one week, although it shed 14.5 pc worth in the coming before 365 days.